Media Scan: Week of December 22nd

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This week I wrote Holiday gifts on a shoe-string and How to practice safe Boxing Day shopping. Another Look At Life Annuities (Part 1) was posted on savewithspp.com.

Here are some of the blogs and articles I read.

If you are thinking of hiring a financial advisor, Adam on Modest Money says there are five questions you should ask your prospective advisor beginning with “Do you or your firm sell financial products?”

Laurie Campbell on For the Love of Money contemplates whether we are being mind controlled by retailers who use subtle psychological tricks to get us to spend more than we should on gifts and goods

Over on Rewards Cards Canada Robb Engen explained how he cashed in on credit card rewards this year – to the tune of $1,555!

Barrie Choi on Money We Have talks about money well spent: travel, eating out, a Costco membership and a KitchenAid mixer. I’m with him on all of these!

We all pay premiums for life and other insurance but most of us have no idea how to actually make a claim should the need arise. Check out Insurance Policy Claims: The Necessary Steps on LSM Insurance’s blog.

Can you imagine what would happen if you died and your beneficiaries didn’t know where to find your will? Or your money? On Brighter Life, Brenda Spiering talks about 12 key documents you need to gather and store safely in a place where they can be easily found.

In the New York Times, Harriet Edelson says Selling the Family Home Is Liberating for Many Retirees because they free up capital and can pursue other dreams.

According to Adam Mayers in the Toronto Star, Four things that will affect your personal finances in 2015 are whether TFSA limits will double, how the Ontario Retirement Pension Plan will play out, whether the inflation rate will increase and if the housing boom will continue in the GTA.

For Rob Carrick, a stealthy rule for becoming wealthy is the the “ten times test” – before buying anything, make sure you have 10 times the amount you want to spend in savings.

And Jamie McGeever at Reuters reports in the Financial Post that stocks are showing the kind of volatility that preceded major falls in the past, suggesting to some that one of the most blistering U.S. rallies on record may be nearing its end.

 

2 Comments

  1. Thanks for the mention, Sheryl! I hope you had a wonderful Christmas and enjoy the holidays.

    • My pleasure. A belated Happy new years to you.

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